Quant Price Forecast: March 28
The QNTUSD pair is now on its way to the resistance line. The next bullish momentum could reach the$350.00 resistance high if buyers could change their orientation and stop further selling pressure; the bullish pattern may increase the coin price to retest the previous high at the $227.00 value which might possibly hit the $350.00 supply trend line and above.
Key Levels:
Resistance Levels: $200.000, $200.100, $200.200
Support Levels: $106.000, $105.000, $104.000 
QNTUSD Long-term Trend: Bearish (Daily chart)
Analyzing the chart below, we can clearly see that the QNTUSD pair is in a bearish market zone. The price currently trades slightly below the two EMAs.
The drop in the coin price to the $120.50 low value during yesterday’s session has no serious effect on the market as the price remains in an uptrend in its recent high.
Today’s daily bullish candle at the $123.42 supply mark below the moving averages confirms the returns of the bulls to dominate and push the coin price higher. A breakout above the mentioned supply trend line will trigger this chart pattern and replenish the bullish momentum.
Additionally, the price of Quant has reached the oversold region of the daily stochastic, this implies that the price may likely continue with the bullish momentum, and in this case, the price might possibly hit the $350.00 resistance level in the nearby days and beyond in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price to Reach the $350.00 Resistance Value
The coin is in a bullish trend zone in its medium-term outlook. This is due to the gradual return and inflow from the buy investors. The price bar can be seen above the EMA-50 indicating an upward trend.
The Quant price has been having a deal with the bears in the past action but recently the bulls took to their stand and increase the price to the $123.03 level in the previous action which has made the coin remain in an uptrend in its recent high.
The coin made further upsides to the $123.15 high value above the EMA-9 as the 4-hourly session resumes today. This is an indication of an uptrend. This will actually encourage the buy traders to invest in the crypto, as possible future gains are certain.
If the QNTUSD price sustains above the $134.86 resistance level, the subsequent surge could surpass the $235.00 supply value which might further lead the coin price to the $350.00 resistance level in the nearby days in its medium-term outlook.
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